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3 years ago

Ryan's Sparkling Jewels estimated its payroll for the coming year to be $84,000. Its workers' compensation

1 answer:

5 0

Ryan's Sparkling Jewels estimated its payroll for the coming year to be $84,000. Its workers' compensation insurance premium rate of 0.6% is paid at the beginning of each quarter required: Calculate the estimated cost of workers' compensation insurance for the year.

Answer:

$504 per year

$126 per quarter

Explanation:

workers' compensation insurance = payroll x insurance rate.

$84,000 x 0.6%

$84,000 x 0.006 = $504 per year

$504 ÷ 4 = $126 per quarter

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Answer:

$5,055,000

Explanation:

Note: The full question is attached below

Particulars Amount

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Accounts receivable $2,695,000

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[$1,200,000 - ($150,000 * 4)]

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Total of current assets $5,055,000

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3 years ago

Production and sales estimates for March for the Robin Co. are as follows:Estimated inventory (units), March 1 18,000Desired inv

VladimirAG [237]

Answer:

No of units manufactured = No. of units sold + Closing units - Opening units

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Total selling expenses = $ 6000 +$ 14000 $ 90000 + $ 96000 + $ 35000 = $ 241000

Explanation:

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3 years ago

According to the video, goodwill adjusts its merchandising and store formats in northern california to better match the ______

Greeley [361]

The answer is Lifestyle
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3 years ago

Aahi worries about what will happen to her jewelry business if her business partner were to have to leave the business permanent

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Answer:

The correct answer is C

Explanation:

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3 years ago

Mark's wage contract specifies a $50,000 salary for the first year, and specifies a salary increase equal to the percentage incr

belka [17]

Answer:

$500

Explanation:

Data provided in the question

Salary for the first year = $50,000

CPI increase during the year = 4%

Overstated inflation = 1% i.e 5%

The computation of the increased in salary is shown below:

= Salary of the first year × inflation rate - salary of the first year × CPI increase during the year

= $50,000 × 5% - $50,000 × 4%

= $2,500 - $2,000

= $500

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3 years ago